Word: exporting
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...than quadrupled from 1996 to 2003, according to the World Wildlife Fund. China's appetite for resources extends even to the Amazon. By the middle of next year, Brazil and Peru hope to have built a transcontinental highway that cuts straight through virgin rain forest. Why? In part, to export to China soybeans grown on recently cleared jungle land. China's dirty secret is out, and the rest of the world has little choice but to share it. --By Hannah Beech/Beijing
...Mart sources everything from T shirts to toys to lighting fixtures in China--which puts the company right in the firing line of those who think the U.S. manufacturing sector is being killed by too-cheap-to-beat Chinese imports. By itself, Wal-Mart is China's sixth largest export market-- just behind Germany--buying some $18 billion worth of goods last year...
...easy being a supplier to the barons of Bentonville. "In fact, it's very tough," concedes Tsuei. Wal-Mart says it's trying to export its American-style standards and ethics to China's manufacturing sector too. In China, where sweatshops are alive and well, the company insists those measures make a difference. Suppliers, including those who sell to Wal-Mart indirectly through other companies, must limit the work week to 40 hours plus no more than three hours of overtime a day, meet safety requirements and provide decent accommodations for workers. Even those critical of Wal-Mart concede that...
Sinopec is currently constructing a $65.5 million pipeline in Sudan that could substantially boost the regime’s oil export revenues. ABB’s contracts in Sudan total to more than $36 million, and the company won a contract last year to improve the country’s power grid. Tatneft allegedly entered an oil-for-weapons swap with the Sudanese government in 2002, although initial reports of the deal have not been confirmed. Tatneft officials did not return repeated requests for comment from the Crimson...
...group responsible for atrocities. The South African firm concedes it yielded to "extortion" when it paid some $9,000 but says that it has already set up systems to make sure it never happens again. Two weeks ago, Metalor Technologies said it would stop buying gold from Uganda, the export route for much of Congo's gold. Anti-conflict campaigns aren't aimed at just diamonds and gold. Oil firms have long been targeted for their role in stoking conflict, while more recently activists have highlighted the exploitation of coltan, a rare mineral used in cell phones. The next targets...